page_title: Georg Fischer (Swiss company)
section_title: History
hierarchical_section_title: Georg Fischer (Swiss company) / History
caption_attribution_description: Deutsch: Arbeiterinnen in der Kernmacherei der neuen Giesserei im Werk Mettmann der Georg Fischer AG
context_page_description: Georg Fischer comprises three divisions GF Piping Systems, GF Casting Solutions, and GF Machining Solutions. Founded in 1802, the Corporation is headquartered in Switzerland and is present in 33 countries, with 140 companies, 57 of them production facilities. Its approximately 15 000 employees generated sales of CHF 4.57 billion in 2018. GF offers pipes for the safe transport of liquids and gases, lightweight casting components in vehicles, and high-precision manufacturing technologies.
context_section_description: Johann Conrad Fischer (1773–1854) laid the cornerstones for today's company in 1802 with the acquisition of a mill in Schaffhausen, which he transformed into a foundry. 1827 and 1833 followed with the acquisition of two steelworks in Austria, opened by Johann Conrad and son Georg (1804–1888). After Johann Conrad's death in 1854, his son Georg inherited the enterprise; and his grandson, George II (1834–1887) took over the management of the Schaffhauser enterprise in 1856, which had been closed after the death of his grandfather.
  In 1861, the company received the name "Georg Fischer Schaffhausen" from Georg II. In 1864, he acquired the company from its father, and began the production of fittings made of malleable cast iron and introduced the first trademark product: a stylized fish with the letters GF.
  A health insurance for the staff was established in 1867, and one year later the construction and purchase of workers' houses began in Mühlental, which is dominated by Georg Fischer. From 1876, an accident insurance was put into place at Georg Fischer, and in 1880, one of the first company restaurants in Switzerland was set up in Mühlental. The death of George II, in 1887, forced his son George III (1864–1955) to give up on his studies to take over the management of the company.
  Under Georg III, the company overcame the crisis triggered by the Vienna stock market crash; over a period of nine years, the workforce was tripled to 550 employees. In 1895, the factory in the German neighboring town of Singen on the Hohentwiel was opened as a branch enterprise of the Schaffhaus Main Works, in order to avoid the high German custom fees. In order to meet the increasing capital requirements, Georg III converted the individual company into the «Aktiengesellschaft der Eisen- und Stahlwerke von Georg Fischer» in 1896, which was initially led by the Fischer family. By the turn of the century, the company had a workforce of 1600 employees.
  Overcapacity in the market led to a crisis in 1901. On the Board of Directors there were tensions between Georg III and the bank's representative, Ernst Homberger (1869–1955). Because of the pressure from the bank, Georg III was finally forced out of the company in 1902, and Homberger took over as head of the company for the next 50 years.
  The first external sign of the change was the introduction of the new brand mark in 1903, the current GF logo with the two crosses (+ GF +), the symbolize cross-fittings.
  The company acquired the estate of the former monastery Paradies in Schlatt in 1918. In 1919, GF took part in the founding of iron mine Gonzen AG; the mine was shut down again in 1966 and has since been preserved as an industrial monument. Mechanical engineering began in 1926, first with textile machines, and in 1938 with the production of lathes followed.
  The Homberger Foundation was founded in 1927 with the aim of supporting the children of the GF employees in vocational training. Under Homberger, Britannia Iron and Steel Works Ltd. was founded in 1933. in Bedford and transferred to a GF subsidiary.
  In 1947 the company received the name "Georg Fischer Aktiengesellschaft". The "Stiftung Eisenbibliothek" was founded in 1948, and the library itself was opened in 1952 in the partially restored monastery Paradies.
  For the first time, in 1957, plastic fittings were manufactured at the Singen plant, and the processing of plastics became a central business area. In 1964, for the first time, more than half of sales were generated abroad. George Fischer Plastics Ltd. in the English Huntingdon was opened in 1966 as a factory for plastic fittings. In 1968 the production of enameled cooking utensils and pouring pans was discontinued.
  In 1970, the company first surpassed the mark of 1 billion Swiss francs in sales; the following years were marked by expansion. The Swiss factory Seewis, for plastic fittings, was opened in 1971. In 1972 the company Waeschle was bought in the German town of Ravensburg, and in 1974 the fully renovated monastery Paradies opened its own training center.
  Numerous restructurings were ca
caption: Werk Mettmann, 1960
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